Thai Economic
Thailand Economic Report
Section I; Factual description
The economics of Thailand is a mixed economy which means the combination of capitalism and socialism. The government and private sector both involve in business mechanism of the country. Government support private investors to invest in agricultural, industry, services and at the same time, encourage them to purchase shares in important government business.
Although the government gives fully support the competitive in the local and international business and investment but the government still take an important role on planning and intervening demand and supply by owning the majority of the shares in some business that has major profit. For example, electricity, water supply, telecom, and transportation system. Therefore, Thai economic is a mixed between Socialist but is more on the capitalism side.
Structure of Thai revenue and it sources.
The main income of Thai revenue came from both Domestic activities and incomes from overseas. The sources of domestic income came from agriculture, industrial sector, wholesale and retail sector and other services sectors. As for the overseas income, the source of revenue came from exportation, income from tourist and foreign direct investment.
The Top 15 Highest Export Value, September 2006
Code | Group | Export Value | 84 | NUCLEAR REACTORS , MACHINERY | 81,074,011,570 | 85 | ELECTRICAL MACHINERY AND EQUIPMENT | 80,831,737,189 | 87 | VEHICLE | 34,597,204,981 | 40 | RUBBER AND ARTICLES THEREOF | 28,827,607,812 | 27 | MINERAL FUEL OIL WAX | 24,113,606,657 | 39 | PLASTICS AND ARTICLES THEREOF | 20,045,244,011 | 16 | PREPARATION OF MEAT FISH | 14,613,060,262 | 71 | PEALS ; PRECIOUS STONES & METALS | 12,824,309,578 | 73 | ARTICLES OF IRON OR STEEL | 8,748,963,722 | 10 | CEREAL | 8,575,984,988 | 29 | ORGANIC CHEMICAL | 8,541,344,671 | 03 | FISH CRUSTACEAN MOLLUSC | 7,798,269,954 | 90 | OPTICAL PHOTO CINE APPARATUS | 7,380,960,804 | 99 | SPECIAL
Section I; Factual description
The economics of Thailand is a mixed economy which means the combination of capitalism and socialism. The government and private sector both involve in business mechanism of the country. Government support private investors to invest in agricultural, industry, services and at the same time, encourage them to purchase shares in important government business.
Although the government gives fully support the competitive in the local and international business and investment but the government still take an important role on planning and intervening demand and supply by owning the majority of the shares in some business that has major profit. For example, electricity, water supply, telecom, and transportation system. Therefore, Thai economic is a mixed between Socialist but is more on the capitalism side.
Structure of Thai revenue and it sources.
The main income of Thai revenue came from both Domestic activities and incomes from overseas. The sources of domestic income came from agriculture, industrial sector, wholesale and retail sector and other services sectors. As for the overseas income, the source of revenue came from exportation, income from tourist and foreign direct investment.
The Top 15 Highest Export Value, September 2006
Code | Group | Export Value | 84 | NUCLEAR REACTORS , MACHINERY | 81,074,011,570 | 85 | ELECTRICAL MACHINERY AND EQUIPMENT | 80,831,737,189 | 87 | VEHICLE | 34,597,204,981 | 40 | RUBBER AND ARTICLES THEREOF | 28,827,607,812 | 27 | MINERAL FUEL OIL WAX | 24,113,606,657 | 39 | PLASTICS AND ARTICLES THEREOF | 20,045,244,011 | 16 | PREPARATION OF MEAT FISH | 14,613,060,262 | 71 | PEALS ; PRECIOUS STONES & METALS | 12,824,309,578 | 73 | ARTICLES OF IRON OR STEEL | 8,748,963,722 | 10 | CEREAL | 8,575,984,988 | 29 | ORGANIC CHEMICAL | 8,541,344,671 | 03 | FISH CRUSTACEAN MOLLUSC | 7,798,269,954 | 90 | OPTICAL PHOTO CINE APPARATUS | 7,380,960,804 | 99 | SPECIAL
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